Housing in Spring Valley, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$150,500

Median List Price

$138,500

Price Per Sq Ft

$90

Days on Market

54

Active Inventory

13

Months of Supply

13.0

Buyer's market

Zillow Home Value

$139,963

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 11.5%List Price 27.5%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

100.0%

Off Market in 2 Weeks

33.3%

Sale-to-List Ratio

100.7%

Seller's market

Sold Above Asking
100.0%
Under Contract in 2 Wks
33.3%
Listings with Price Drops
30.8%

Market Activity

Source: Redfin

Homes Sold

1

New Listings

5

Pending Sales

3

Homes Sold 80.0%New Listings 16.7%Pending 50.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$90

Median List $/SF

$107

Sale $/SF 36.4%List $/SF 21.9%Mar 24Jan 26

Spring Valley vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Spring Valley is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$125,000

Median Rent

$1,022

Total Housing Units

2,604

Vacancy Rate

11.6%

Owner Occupied

63.0%

Renter Occupied

37.0%

Median Property Tax

$3,220

per year

Monthly Cost (w/ Mortgage)

$963

Housing Types

Single Family
82.7%
Multi-Family
17.3%
Mobile Home
0.0%

The current median sale price in Spring Valley, IL is $150,500 according to Redfin data. Homes spend a median of 54 days on the market. 100.0% of homes sold above asking price. The market has 13.0 months of supply. The median price per square foot is $90. The median rent is $1,022 per month (Census ACS). About 63.0% of housing units are owner-occupied. The median year homes were built is 1961. There are 2,604 total housing units.